Question: A machine costs $ 1 5 , 0 0 0 , generates $ 4 , 0 0 0 annually for 5 years, and has a

A machine costs $15,000, generates $4,000 annually for 5 years, and has a salvage value of $2,000. What is the profitability index (PI) if the discount rate is 10%?
1.09
1.15
0.95
1.50

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